7/102 sources · 2 publishersUpdated Oct 14, 19:03 UTC
Goldman Sachs cuts Las Vegas Sands price target to $47 while keeping Buy rating
Goldman Sachs lowered its price target for Las Vegas Sands Corp. (LVS) from $55.00 to $47.00, a 14.55% reduction, after previously adjusting the target. The firm retained a Buy rating, noting evolving market conditions. The cut follows a 44.46% year‑to‑date decline in LVS shares. GuruFocus also highlighted that LVS appears undervalued, with a GF Value of $68.03 versus a current price of $36.89.
Why it matters
The reduced target suggests a more cautious outlook for LVS, which may weigh on the stock despite the Buy rating. Investors may reassess valuation expectations given the highlighted 45.8% discount to intrinsic value.
Key facts
- 1Goldman Sachs lowered its price target for Las Vegas Sands to $47 from $55. marketscreener.com
- 2The price‑target cut represents a 14.55% decrease from the prior target. gurufocus.com
- 3LVS shares have fallen 44.46% year‑to‑date. marketscreener.com
- 4GuruFocus reports a GF Value of $68.03 versus a current price of $36.89, indicating a 45.8% undervaluation. gurufocus.com
- 5Las Vegas Sands has a market capitalization of $23.89 billion. gurufocus.com
- 6The company's current P/E (TTM) is 14.37x, below its 5‑year median P/E of 24.13x. gurufocus.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.